I have a couple of people that want to invest in my REI company. But I dont know how to go about do it. Did I need a legal document or form? Does anyone have anything they use that can help me? Maybe even some giudeance on how to do it? Help please.
There are a whole bunch of legal requirements and legal ramifications. When you say "Invest in your Real Estate Company" you are refering to equity capital.
I have had at least 2 or 3 other guys ask about this but there are a lot of decisions that have to be made!
You see when you say invest, it is the right wording but what these guys may really want to do is “Loan Your Company Money”? Or they want to exchange cash for a percentage of permenant ownership of your company? Have you established a legal entity yet? One way is you convey stock and the other route you convey a percentage the investor becomes a limited partner!
I can offer you a tremendous wealth of knowledge and experience in structuring and setting up your deal, however you have to know what it is your wanting to do or create and what terms and conditions you want to achieve?
Send me a PM with your contact info and when I can reach you, I would be willing to spend some time and give you some help with documents, and how to do it?